Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
CNBC's Steve Liesman reports on what inflation means for the Federal Reserve. These Chinese apps have surged in popularity in ...
The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts in 2025. Read more here.
Buy the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6250. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6300 and a take-profit at 0.6200. Add a stop-loss at 0.6400.
Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both yesterday's producer price index and today's consumer price index were ...
Wednesday's softer-than-expected core CPI number offers some relief to the Federal Reserve, especially after ... interest-rate cuts to remain on the table in 2025, said Skyler Weinand, chief ...
The latest Consumer Price Index (CPI) report shows inflation ... to put a January rate cut back on the table, it strengthens the case that the Fed's cutting cycle has not yet run its course.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The core CPI is settling at 3.5%, and the December core CPI could extend the 0.3% MoM streak to five months. Rising gasoline prices could continue to boost the headline CPI inflation. The selloff ...
Fed expected to maintain rates at 4.25%-4.50% on Wednesday. All eyes are on Australian CPI for RBA policy clues. The Australian Dollar (AUD), however, faces headwinds ahead of the release of ...
The Fed looks to us to have been spooked by the slight uptick in inflation shown on the far right-hand side of the CPI chart. Consumer Prices (CPI) & YoY Change in National Rent Index As we have ...